KH Group Plc’s Board of Directors resolved to establish an Audit Committee for the company at its meeting on 6 May 2025, to monitor and assess matters related to the Group’s financial reporting and control, sustainability reporting and other tasks recommended by the Corporate Governance Code.The Audit Committee consists of three members of the Board of Directors, who are independent of the company and its major shareholders. The company’s CFO acts as the Committee’s secretary and rapporteur, and the company’s CEO and auditor or other experts are invited to the meetings, if necessary. The Audit Committee convenes at least four times a year and also when convened by the Chair, if necessary.

The Committee has no independent decision-making power, but the Board of Directors makes decisions collectively. The Audit Committee regularly reports on its work to the Board of Directors and the CEO. The minutes of the Committee and other materials are available to all members of the Board of Directors and the CEO.

Members of the Audit Committee:

• Taru Narvanmaa (Chair)
• Juha Karttunen
• Jari Rautjärvi